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spotify cfo to step down: Spotify CFO Paul Vogel to step down next year

The company said on Thursday it has launched an external search for a successor, and in the interim Ben Kung, vice president of financial planning and analysis, would take on additional responsibilities. ....

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Spotify CFO Paul Vogel to leave next year, company says

Spotify is ‘entering a new phase’ and needs a CFO with a ‘different mix of experiences,’ co-founder and CEO Daniel Ek said in a statement. ....

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Spotify Stock Falls Despite Record User Growth

The addition of 36 million net new users - a quarterly record - wasn’t enough for Spotify investors. Spotify, the world’s largest music streaming platform by number of subscribers, reported record user growth in its second quarter ended June 30, 2023, but its stock fell by more than 10%.The company delivered a 27% year-over-year increase in monthly active users (MAUs) to 551 million, an 11% year-over-year increase in revenue to €3.18 billion, but a net loss of €302 million compared with a net lo ....

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